Bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan

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bitcoin Bear Market Is Scaring Off Institutional Investors, Claims JPMorgan

Institutional investors are being scared off by the protracted crypto bear market. That’s the assessment of a team of JPMorgan Chase & Co. analysts, including global market strategist Nikolaos Panigirtzoglou. “Participation by financial institutions in bitcoin trading appears to be fading,” the JPMorgan team wrote in a December 14 research note. “Key flow metrics have … Continued

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